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India’s current account deficit likely to widen to 1.5% of GDP in FY2027 due to higher oil prices: Report & more related News Here
According to CRISIL, India’s current account deficit is expected to reach 1.5% of GDP in FY2027 due to higher crude oil and commodity prices as well as a widening merchandise trade deficit. New Delhi: India’s current account deficit (CAD) is expected to widen from 0.6 per cent of GDP in FY2027 to 0.6 per cent…